EURUSD after the Fed

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EURUSD after the FedEURO / U.S. DOLLARFX_IDC:EURUSDForexTrendlineEURUSD continues to trade within the reversal zone highlighted in our previous analyses. Following yesterday’s Fed decision, we’re seeing additional downside movement, though price hasn’t yet reached the support level at 1,1346. Our outlook remains unchanged – we’re watching for the end of the pullback and will look for buying opportunities afterwards. The H1 candle formed during the news release can serve as a reference. A break and close above it would signal a potential reversal to the upside. Conversely, if price breaks and closes below that candle, it would suggest the correction is likely to continue toward lower levels.